City guide

Tempe, AZ

Tempe is the compact city between Phoenix, Scottsdale, Mesa and Chandler, home to Arizona State University's main campus and Tempe Town Lake. Tempe has condos and apartments near ASU and the lake, 1950s–1970s ranch homes in central neighborhoods, and larger lots and lake homes in south Tempe.

Tempe, Arizona
Photo by Hunter Trick (TrickHunter), CC BY-SA 4.0, via Wikimedia Commons (Tempe, Arizona). See the file page for full license terms. Not an MLS or listing photo.

What do homes cost in Tempe?

Only numbers from a named public source, with their date, are shown. A figure without one is left out.

Local sold dataTempe (May 2026)
Median sold price$483,000
Median days on market54 days
Median sold price per sq ft$288
Homes sold in period138

Source: Redfin Data Center — housing market tracker, all residential sales; data published June 2, 2026. City figures are one month; neighborhood and ZIP figures are a 3-month rolling window. Where Redfin does not publish a neighborhood, the ZIP code that contains it is shown and named. Typical rent in Tempe: $1,649/mo (Zillow Observed Rent Index (ZORI), August 2026).

MeasureMaricopa County
Average sold price$473,406
Median list price$499,000
Average days on market68
Average price per sq ft$260
Sale-to-list ratio97.8%

County snapshot updated October 1, 2026. Source: Redfin — Maricopa County housing market; FRED — Median listing price, Phoenix metro.

Where is Tempe on the map?

Light rail and the Tempe Streetcar serve downtown, and Tempe Town Lake and Papago Park sit along the city's northern edge.

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Agent pins are placed at the nearest major intersection, the same as the homepage map. Parcel lines: Maricopa County GIS.

How far is Tempe from major job centers?

Tempe is about 2 minutes by car (1 road miles, no traffic) from ASU Tempe campus, its closest major job center by car.

~2 min

drive · 1 road mi · no traffic

ASU Tempe campus

~11 min

drive · 5 road mi · no traffic

Phoenix Sky Harbor Airport

~17 min

drive · 10 road mi · no traffic

Downtown Phoenix

~18 min

drive · 11 road mi · no traffic

Price Corridor (Chandler)

Drive times: OpenStreetMap road routing (OSRM), no traffic, from the center of Tempe, calculated October 2026. Rush hour takes longer; check a mapping app for live traffic and transit.

Which schools and parks serve Tempe?

Tempe is served by the school districts and park systems linked below; confirm the assigned school for any address on the district site.

Is there an HOA or new construction in Tempe?

What is being built nearby

  • ASU Novus Innovation Corridor near Tempe Town Lake

Which Tempe neighborhoods have their own guide?

No Tempe neighborhood has its own guide yet; this city page covers the whole city.

Who is the Ivy Realty agent for Tempe?

Coverage in Tempe is opening

No Ivy Realty agent is pinned inside Tempe yet. The homepage map shows every agent across Maricopa County, and any of them can help here.

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Buyers

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Sellers

What is my home worth?

Get a pricing opinion based on recent nearby sales, prepared by the local agent.

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Investors

Rental range + management

Typical rent in Tempe: $1,649/mo (Zillow Observed Rent Index (ZORI), August 2026).

Ask the agent for a property-specific range, plus a property-management consult.

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Agents

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Tempe FAQ

Where is Tempe?+

Tempe is the compact city between Phoenix, Scottsdale, Mesa and Chandler, home to Arizona State University's main campus and Tempe Town Lake.

What kind of homes are in Tempe?+

Tempe has condos and apartments near ASU and the lake, 1950s–1970s ranch homes in central neighborhoods, and larger lots and lake homes in south Tempe.

How much do homes cost in Tempe?+

The median sold price in Tempe was $483,000 for May 2026, with a median of 54 days on market (Redfin Data Center — housing market tracker, all residential sales). The latest Maricopa County average sold price is $473,406 (Redfin Maricopa County housing market (3-month rolling sold data) and FRED / Realtor.com median list price (Phoenix metro), updated October 1, 2026). For a specific home, the local agent can prepare a range from recent nearby sales.

Is Tempe landlocked?+

Yes — Tempe is surrounded by neighboring cities and a tribal community, so most new housing comes from infill and redevelopment rather than new subdivisions on open land.

How do I contact an Ivy Realty agent about Tempe?+

No agent is pinned inside Tempe yet, so use the homepage map to contact the nearest Ivy Realty agent.

Equal Housing Opportunity

Equal Housing Opportunity. Ivy Realty is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. Ivy Realty supports an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin. Arizona also prohibits housing discrimination on these bases.

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